Centre Lane Seals Deal for Oracle Flexible Packaging

The acquisition expands the platform's packaging offerings

By

Beina Xu

August 15, 2012 6:06 p.m. GMT

Centre Lane Partners has wrapped up a fitting add-on purchase for its flexible packaging company LLFlex, which was previously called Louisville Laminating.

The New York firm acquired Oracle Flexible Packaging in a deal that will combine the business with that of LLFlex and bring the annual revenue of the platform to roughly $250 million, said a person familiar with the transaction. The deal was funded entirely from Centre Lane's fund.